Odaily Planet Daily News AscendEX (formerly BitMax) will launch Snowfall (CRACK) at 12:00 on February 24, opening the CRACK/USDT trading pair, and is now open for deposits. AscendEX (formerly BitMax) is the first and most comprehensive trading platform for Memecoin on the entire network. The Meme Research Institute team under the platform selects high-quality Memes for listing based on on-chain data and project background. The platform's Memecoin first launch rate is as high as 80%. Trade Memecoin on AscendEX.

According to Foresight News, CertiK Alert has detected suspicious fund transfers involving an unverified contract on the Ethereum network. The address beginning with 0x3ac96 received approximately 49.5 million USDC and subsequently converted it into DAI.

Odaily Planet Daily News: Bybit CEO Ben Zhou posted an update saying, "Bybit has fully made up for the ETH shortfall, and a new audited proof of asset (POR) report will be released soon, so stay tuned."

The post Crypto News: Montana’s Bitcoin Reserve Bill Shelved Citing Risk to Taxpayer Money appeared first on Coinpedia Fintech News On February 22, the Montana House of Representatives voted 41-59 against a bill that would have made Bitcoin a state reserve asset. The proposed House Bill No. 429 aimed to create a special revenue account for investing in Bitcoin, stablecoins, and precious metals... source: https://coinpedia.org/news/crypto-news-montanas-bitcoin-reserve-bill-shelved-citing-risk-to-taxpayer-money/

According to PANews, data from SoSoValue indicates that Ethereum spot ETFs experienced a net inflow of $1.61 million during the trading week from February 18 to February 21, 2025 (Eastern Time). The Fidelity Ethereum ETF (FETH) recorded the highest weekly net inflow among Ethereum spot ETFs, amounting to $26.32 million. This brings FETH's historical total net inflow to $1.54 billion. Conversely, the Grayscale Ethereum Trust (ETHE) saw the largest weekly net outflow, with $15.79 million leaving the fund, contributing to a historical total net outflow of $4 billion. As of the time of reporting, the total net asset value of Ethereum spot ETFs stands at $9.981 billion. The net asset ratio, which compares the market value to Ethereum's total market capitalization, is at 3.14%. The cumulative historical net inflow for Ethereum spot ETFs has reached $3.154 billion.

Odaily Planet Daily News: Georgia, the United States, has proposed a second Bitcoin reserve bill (SB 228), allowing the state to invest in Bitcoin without any investment restrictions. (Cointelegraph)

Ethereum price failed to clear the $3,000 resistance zone. ETH is consolidating near $2,750 and might aim for a fresh increase. Ethereum is still showing positive signs above the $2,680 zone. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $2,780 on the hourly chart of ETH/USD (data feed via Kraken).... source: https://www.newsbtc.com/analysis/eth/ethereum-price-fails-3000/

According to BlockBeats, Donald Trump Jr., the eldest son of U.S. President Donald Trump, announced on February 24 that he will deliver a speech at DeFi World 2025 on February 26.

Odaily Planet Daily News According to SoSoValue data, last week's trading day (February 18 to February 21, Eastern Time), Bitcoin spot ETFs had a net outflow of 559 million US dollars last week. The Bitcoin spot ETF with the largest weekly net inflow last week was VanEck Bitcoin ETF HODL, with a weekly net inflow of 4.13 million US dollars. The current total net inflow of HODL has reached 871 million US dollars. The Bitcoin spot ETF with the largest weekly net outflow last week was Fidelity Bitcoin ETF FBTC, with a weekly net outflow of 166 million US dollars. The current total net inflow of FBTC has reached 12.33 billion US dollars. As of press time, the total net asset value of Bitcoin spot ETFs was 110.795 billion US dollars, the ETF net asset ratio (market value to the total market value of Bitcoin) reached 5.88%, and the historical cumulative net inflow has reached 39.556 billion US dollars.

According to BlockBeats, on February 24, Safe.eth announced on the X platform that the Safe Wallet team is actively working to restore services and will begin a phased rollout within the next 24 hours. The restored Safe Wallet will feature additional security measures, including extra verification for transaction hashes, data, and signatures, as well as enhanced monitoring alerts. The team has temporarily removed local Ledger integration, which was used in the targeted attack on Bybit. Following the restoration, users may experience slightly longer transaction times or performance issues due to the additional checks in place. Users are advised to remain vigilant and verify the accuracy of transaction data when signing.

Tige Inu (TINU) is a promising cryptocurrency launched in 2023. Potential investors should conduct thorough research due to the volatile nature of the market.